Reference no: EM131753131

Question - 1) Compute the actual hours worked, rounded to the nearest hour.

2) Compute the actual purchase price per unit of materials, rounded to the nearest penny

Standard direct labor rate                                    $14.00

Actual direct-labor rate                                         $ 12.20

Standard direct-labor hours                                  12,000

Direct-labor usage variance-unfavorable               $14,140

Standard unit price of materials                            $ 4.50

Actual quantity purchased and used                       1,800

Standard quantity allowed for actual production      1,650

Materials purchase price varieance-favorable         $288